Intel lifts financial targets
Intel Corp., the world’s largest chipmaker, lifted its second-quarter financial targets late Thursday due to strong demand for its chips used in laptop computers.
In its midquarter update, Intel said sales would be between $9.1 billion and $9.3 billion, compared with its prior forecast of $8.6 billion to $9.2 billion.
The Santa Clara, Calif.-based chipmaker (INTC : news, chart, profile) said its gross margin, an important measure of profitability for chip firms, would be 57 percent of sales, higher than the 56% it had previously estimated.
Read the Share:
DOS Command Line successor to be shown at TechEd
- IBM promises open Cell technology
- Microsoft cuts deal with Indonesia over piracy
- Gartner warns against over-hyper IT fears
- ATI takes Catalyst driver mobile, promises more speed for graphics cards
- Microsoft sets release of EU-compliant XP
- Chips sales to hit $226 billion this year
- Tul to partner with Infineon
- Taiwan DRAM makers may flood spot market with DDR2
- Asustek subsidiary Attansic moves into production of GbE chips
Infineon: Its not a good time to enter NOR flash market
- High-luminance LED face slow growth in 2005
- Japan-based Hitachi sues three Taiwan monitor makers
- LED backlighting for large-size panels to depend on cost reduction
- Microsoft issues 10 patches
- MSN brings tabbed browsing early to IE
- Alienware ships Athlon 64 X2 systems
- Macronix intros 2-bit per cell NOR Flash tech
- Jacko suicide spam infects pop fans
- Roxio software targets iPod users
Sponsored
See more
Latest news
Miscellaneous Previous news
Partners
